086 1222 021

info@scsgroup.co.za

Price Range: From To

Beachfront Pub For Sale

R6,000,000

Business Description

A relaxed, friendly pub in an excellent beach facing location. Appealing mostly to the over-21 crowd. With good music, The business has grown steadily over the last 7 years from humble beginnings to its present position. The owner feels he has achieved his objectives and the pub now needs new blood to exploit significant growth opportunities to take it to the next level.
At present, the business does not supply food. So this represents an expansion opportunity for the incoming buyer.
The business is equipped with an inverter and supplementary water system making it reasonably resistant to electricity load shedding and water restrictions.

Business Details

  • Property ID: PER209
  • Price: R6,000,000
  • Turnover: R6.4mil
  • Actual Profit/Year: R1.85mil
  • Turnover range: R5mil-R8mil
  • Profit range: R1mil-R2mil

BUSINESS HISTORY & FUTURE GROWTH:

  • Reason for selling: Business has achieved growth targets. Now needs a new vision for next stage
  • Business history: 7 years
  • Expansion potential: Yes
  • PROPERTY DETAILS:

  • Fixed property included: No
  • Premises Details: 50 seats plus 100 standing
  • Rent & lease terms: R56 000 / 8% / 5 years
  • ASSETS AND STOCK:

  • Assets included in sale: Yes
  • Value of assets: TBC
  • Stock included in sale: No
  • Value of stock: 180000
  • GENERAL COMPANY INFO:

  • Employees: 9 (including 2 managers)
  • Trading hours: 10 am - 2pm
  • Support & training: Full Support and Training
  • Business Address

    • City: Cape Town
    • Country: South Africa
    CONTACT BUSINESS AGENT
    Phillip Rutherford
    0824941913
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